Tapping into home equity, particularly for people in or near retirement, can be challenging — especially for those who may have a pressing need. Traditional equity-tapping methods — such as selling ...
Alternative home equity tapping products are largely seen by reverse mortgage originators and an industry observer as uncompetitive with the product, according to outreach conducted by RMD. The ...
Using your home equity like a credit card is nothing new. Using your home equity like a credit card and not having to pay anything back until you sell? That is new. And that’s what reverse mortgage ...